Sub-Urban Brands, Inc. (OTCBB:SUUB), a multi-brand apparel company pursuing high-margin revenue growth in the global fashion industry, has announced the execution of a non-binding letter of intent to acquire The Apparel Agent, one of the fastest growing manufacturers of base garments and a leading competitor of American Apparel. The Company expects that the milestone acquisition will provide it with a core revenue stream, raise product margins and provide a solid foundation for its flagship multi-brand portfolio. Based in Los Angeles, The Apparel Agent operates a 39,000 square foot warehouse facility with production, marketing, sales and customer service capabilities. The company employs an experienced executive team in addition to subcontracting nearly 70 contracted sewers and other laborers. They also leverage international manufacturing arrangements in Guatemala, China, El Salvador and India to handle import pricing for mass quantities. The Apparel Agent manufactures and then wholesales its high quality base garments to designers, retailers and corporate clients who then embellish, re-brand and sell the garments under their own labels. �Best of all, there will always be a market for base garments which greatly mitigates the risks typically associated with the fashion industry�s cyclical nature,� adds Joseph Shortal, Chief Executive Officer of Sub-Urban Brands. �With the acquisition of The Apparel Agent, Sub-Urban is entering a very exciting new phase that we believe will allow us to purchase garments at a greatly reduced price, which raises our margins and maintain an even greater percentage of our profits in house,� said Mr. Shortal. �Sub-Urban can now be considered to have an economy of scale with integrated full-scale manufacturing, design, marketing and sales capabilities all under one roof.� Consummation of the The Apparel Agent acquisition is subject to negotiation and execution of a definitive agreement and satisfactory completion of due diligence investigations. About Sub-Urban Brands Through its various brands Sub-Urban targets the fashion industry's coveted youth marketplace, a consumer demographic with more than $200 billion in spending power. Within the next 18 months, Sub-Urban intends to expand its brand offerings through global distribution networks in Japan, Canada, Australia and 25 other European markets. Sub-Urban Brands, Inc. is a multi-brand company which designs and markets cutting-edge lifestyle apparel that targets the rapidly-growing multibillion-dollar youth consumer marketplace. The Company pursues robust revenue-generating opportunities within multi-tiered retail markets that leverage multiple brands and market segments to create financial success. Sub-Urban is committed to further expansion and increased shareholder value through both the internal development of intellectual property and acquisition of additional brands, as well as to the establishment of new international marketing alliances that will reinforce its recurring and non-recurring revenue streams. Inspired by the energy and vigor of youth, urban and music culture, Sub-Urban is initially focused on creating a family of non-competing brands for its key target consumer, an estimated 40 million 15-29 year olds. Sub-Urban's current portfolio of trademarked apparel and accessory brands includes WHITEBOY� for Men, WHITEBOY� Girl, Mash Culture Lab(TM), and PYT(TM) styles for younger girls. Consistent with the company's high growth strategies, the Company will be actively marketing these brand offerings to Japan, Canada, Australia and 25 European countries. For additional information, please visit www.whiteboy.com, www.whiteboygirl.com, www.mashculturelab.com, and www.getcocky.com. For more investor oriented information about Sub-Urban, visit http://www.trilogy-capital.com/tcp/sub-urban/. For current stock price quotes and news, visit http://www.trilogy-capital.com/tcp/sub-urban/quote.html. To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/sub-urban/factsheet.html. Forward-Looking Statements This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Sub-Urban Brands, Inc. (OTCBB:SUUB), a multi-brand apparel company pursuing high-margin revenue growth in the global fashion industry, has announced the execution of a non-binding letter of intent to acquire The Apparel Agent, one of the fastest growing manufacturers of base garments and a leading competitor of American Apparel. The Company expects that the milestone acquisition will provide it with a core revenue stream, raise product margins and provide a solid foundation for its flagship multi-brand portfolio. Based in Los Angeles, The Apparel Agent operates a 39,000 square foot warehouse facility with production, marketing, sales and customer service capabilities. The company employs an experienced executive team in addition to subcontracting nearly 70 contracted sewers and other laborers. They also leverage international manufacturing arrangements in Guatemala, China, El Salvador and India to handle import pricing for mass quantities. The Apparel Agent manufactures and then wholesales its high quality base garments to designers, retailers and corporate clients who then embellish, re-brand and sell the garments under their own labels. "Best of all, there will always be a market for base garments which greatly mitigates the risks typically associated with the fashion industry's cyclical nature," adds Joseph Shortal, Chief Executive Officer of Sub-Urban Brands. "With the acquisition of The Apparel Agent, Sub-Urban is entering a very exciting new phase that we believe will allow us to purchase garments at a greatly reduced price, which raises our margins and maintain an even greater percentage of our profits in house," said Mr. Shortal. "Sub-Urban can now be considered to have an economy of scale with integrated full-scale manufacturing, design, marketing and sales capabilities all under one roof." Consummation of the The Apparel Agent acquisition is subject to negotiation and execution of a definitive agreement and satisfactory completion of due diligence investigations. About Sub-Urban Brands Through its various brands Sub-Urban targets the fashion industry's coveted youth marketplace, a consumer demographic with more than $200 billion in spending power. Within the next 18 months, Sub-Urban intends to expand its brand offerings through global distribution networks in Japan, Canada, Australia and 25 other European markets. Sub-Urban Brands, Inc. is a multi-brand company which designs and markets cutting-edge lifestyle apparel that targets the rapidly-growing multibillion-dollar youth consumer marketplace. The Company pursues robust revenue-generating opportunities within multi-tiered retail markets that leverage multiple brands and market segments to create financial success. Sub-Urban is committed to further expansion and increased shareholder value through both the internal development of intellectual property and acquisition of additional brands, as well as to the establishment of new international marketing alliances that will reinforce its recurring and non-recurring revenue streams. Inspired by the energy and vigor of youth, urban and music culture, Sub-Urban is initially focused on creating a family of non-competing brands for its key target consumer, an estimated 40 million 15-29 year olds. Sub-Urban's current portfolio of trademarked apparel and accessory brands includes WHITEBOY(R) for Men, WHITEBOY(R) Girl, Mash Culture Lab(TM), and PYT(TM) styles for younger girls. Consistent with the company's high growth strategies, the Company will be actively marketing these brand offerings to Japan, Canada, Australia and 25 European countries. For additional information, please visit www.whiteboy.com, www.whiteboygirl.com, www.mashculturelab.com, and www.getcocky.com. For more investor oriented information about Sub-Urban, visit http://www.trilogy-capital.com/tcp/sub-urban/. For current stock price quotes and news, visit http://www.trilogy-capital.com/tcp/sub-urban/quote.html. To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/sub-urban/factsheet.html. Forward-Looking Statements This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Sub Urban Brands (CE) (USOTC:SUUB)
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Sub Urban Brands (CE) (USOTC:SUUB)
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